|Latest News Services Circuits Contact Us Archives Subscribe|
FOR IMMEDIATE RELEASE
WINSLOW GREEN GROWTH FUND, KIPLINGER'S "BEST SOCIALLY SCREENED FUND" OF 2006, IS ADDED TO SOCIAL(K), NATION'S MOST EXPANSIVE SOCIALLY RESPONSIBLE 401(k) PLATFORM
Winslow Management Also Selects Social(k) as its Corporate Retirement Plan
BOSTON, MA, October 25, 2006 --/WORLD-WIRE/-- Social(K), the first 401(k) provider to offer a comprehensive, socially conscious retirement platform, today announced a new partnership with the Boston-based Winslow Management Company, LLC, adviser to the Winslow Green Growth Fund and a pioneer in green investing since 1983. The Winslow Green Growth Fund will now be offered as a fund choice on the Social(K) platform; additionally, Winslow has chosen Social(K) as its employee retirement plan.
The Winslow Green Growth Fund is a no-load, small-cap growth mutual fund that focuses on clean industry sectors such as software and healthcare technology, as well as green sectors such as renewable energy, hybrid engines and fuel cells, energy efficiency, organic foods, and green building. The November 2006 issue of Kiplinger's Personal Finance magazine names the Fund the Best Socially Screened Fund of 2006. In August, the Fund's manager earned the #1 ranking within the aggressive growth category, and the #9 ranking overall, in the Barron's/Value Line 2006 ranking of the nation's top mutual fund managers.
"Social(k) is the most diverse 401(k) platform of socially responsible investment funds for retirement planning and we're excited that the Winslow Green Growth Fund has become a part of that platform," said Rob Thomas, Social(k) founder and president. "We are also excited that Winslow has chosen the Social(K) platform for their own 401(k) plan - they're smart investors and wouldn't have chosen the platform if it weren't environmentally responsible and cost effective."
The Social(k) program, administered by East Windsor, New Jersey-based retirement administrator ExpertPlan, is unique in that it includes more than 100 screened socially responsible funds, rather than the usual one or two. In addition, Social(k) offers over 600 traditional non-screened funds from 40 mutual fund companies to provide investors with greater choice when determining a retirement portfolio mix. Companies can choose to either offer Social(k) alone or as a second option alongside their existing plans.
"Before Social(k), there really wasn't any cost-effective way for companies to offer their employees a wide range of green funds such as ours as part of an overall 401(k) benefit strategy," said Ethan Berkwits, marketing director at Winslow Management Company. "We're happy to be able to offer our fund through Social(K), and happy that we're able to use Social(k) for our employees' own retirement savings plans."
This weekend, October 27-31, both Thomas and Berkwits will be attending the highly anticipated "SRI in the Rockies" annual socially responsible investing conference in Colorado Springs, CO (www.sriintherockies.com), co-hosted by the Colorado Springs, CO-based First Affirmative Financial Network (FAFN) and the Social Investment Forum. Thomas will be giving a presentation to the FAFN advisors during the "Pre-Conference Retreat" for FAFN advisors.
For further information on Social(k), please visit www.socialk.com, or for Winslow Management Company, please visit www.winslowgreen.com.
Copyright © 2006, World-Wire. All rights reserved.
World-Wire is a resource provided by Environment News Service
To Unsubscribe or Change Account Settings: Click here